In the world of fashion and luxury, the supplier relationship is not limited to a simple transaction, but evolves into a strategic partnership. But then, why integrate SRM into your procurement strategy?
Find out how e-SCM Solutions addresses this issue in its SRM guide!
Supplier relationship management (SRM) has become an essential strategic lever for companies seeking to strengthen their supply chain. An SRM platform allows data to be centralized, streamlining communication and reducing the risks associated with complex exchanges (scattered emails, manual files, etc.).
Such centralization offers concrete benefits:
With a single platform, suppliers, freight forwarders and internal departments can collaborate frictionlessly. e -SCM offers tools such as dashboards and real-time alerts that make it easier to track performance and manage risks throughout the supply chain.
Risk reduction
Supply chain risks – interruptions, geopolitical hazards or natural disasters – are better controlled through comprehensive supplier mapping. This helps anticipate impacts and adapt strategies accordingly.
e -SCM provides continuous visibility into supplier performance thanks to configurable KPIs. This includes product quality, delivery times and compliance with ESG (environmental, social and governance) standards. Proactive alerts make it possible to anticipate and resolve possible deviations.
Acceleration of strategic decisions
Fluid exchanges and automation allow teams to focus on strategic decisions. This not only improves productivity but also responsiveness to market fluctuations.
By centralizing data and automating processes, e-SCM helps reduce costs related to disputes, transportation and residual inventory. In addition, product quality is better controlled thanks to automated controls throughout the chain.
Adaptability to market changes
By integrating advanced tools like APIs and interconnecting with existing software (PLM, ERP), e-SCM ensures maximum flexibility and adaptability.
The e-SCM solution helps ensure that all suppliers meet social and environmental requirements. This strengthens supply chain sustainability and brand image.
Adopting an SRM solution like e-SCM means going beyond simple supplier management to transform these relationships into true strategic partnerships. Thanks to powerful tools and a collaborative approach, you optimize not only your operations but also your competitiveness on the market.
Discover testimonials from our clients who have put supplier relationship management at the heart of their strategy like Intersport, but also from suppliers who themselves use the tool like PHB Group.
